City Report · WA

Silverdale

Pop. 20,685·50th most expensive in Washington·Rental market data updated monthly for Silverdale, WA
Median rent (all units)
$2,093/mo
Year-over-Year
+3.9%
Month-over-Month
+0.4%
vs US Median
+$161
Reported rents
Stable (Monthly)
Be the first to discuss Silverdale rents ↓
Most AffordableMost Expensive
Silverdale · $2,093
More expensive than 65% of US cities · National median $1,932/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,093/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$84,000/yr
Local median income
$105,483/yr
Based on the 30%-of-income rule using Silverdale's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,650
1 BR
$1,840
2 BR
$2,410
3 BR
$3,150
4 BR+
$3,620
Fair Market Rent (HUD)
$2,410/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,093 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Silverdale usually run 2.3% below trend in January and 2.1% above it in July, about $92 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in Silverdale is at its highest level since Zillow's records here began in March 2021.

Past year vs. the rest of Washington

Rent in Silverdale changed +3.9% over the year to September 2026. Across the 97 Washington cities Zillow tracks, the typical change was +2.6%.

Recent direction

Rent has risen 6 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($105,483) is $2,637 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,410); a 3-bedroom is $3,150.

Cheaper nearby

Bremerton, 5 miles away, rents for 10% less ($1,879/mo), about $2,600 a year in savings.

From Zillow's monthly rent index (ZORI) for Silverdale. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,116/yr
At $2,093/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.9% YoY, +0.4% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Silverdale, WA is roughly split between renters and owners, has a large retiree population, has a median income above the national average, 36.3% of residents hold a bachelor's degree or higher.

Population
20,685
Median income
$105,483
Median age
40.3
Renters
47.8%
Age distribution
18%
24.9%
25.5%
20.9%
Under 1818%
18–3424.9%
35–5425.5%
55–6410.6%
65+20.9%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
69.3%
White69.3%
Black4.7%
Hispanic9.6%
Asian9.2%
Other7.2%
Education (25+)
19.3%
38.2%
36.3%
No HS diploma6.1%
HS diploma19.3%
Some college38.2%
Bachelor's+36.3%
Housing tenure
52.2%
47.8%
Owner52.2%
Renter47.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Silverdale, WA has changed in 5 years

Rent
$1,700 → $2,093
up 23.1%
Income
$87,558 → $105,483
up 20.5%
Population
21,301 → 20,685
down 2.9%
Renter share
48% → 47.8%
-0.2 pts
Bachelor's+
33.8% → 36.3%
+2.5 pts
Median age
36.6 → 40.3
+3.7 yrs

Across the past five years, the going rent in Silverdale, WA has shifted from $1,700 to $2,093, up 23.1% since 2021. Household income in the area moved from $87,558 to $105,483 across the same window, up 20.5% versus 2021. Census counts show Silverdale, WA losing about 616 residents over the five-year window, down 2.9% on net. Bachelor's-degree-or-higher attainment moved from 33.8% to 36.3% across the same window. Reading these numbers side by side helps frame whether current listings in Silverdale, WA look reasonable against where the market sat half a decade ago.

Community

Discussions about Silverdale

No discussions yet. Start the conversation.

View Silverdale rent history (2015–2026) →
Salary vs rent

Can you afford rent in Silverdale on your salary?

At $2,093/mo, how Silverdale rent compares to typical pay (30% rule).

By apartment size

Silverdale rent by bedroom count

Median rent for each apartment size in Silverdale. Click any size for full breakdown.

Local insights

Tips for renters in Silverdale

About renting in Silverdale, WA

Last updated: October 17, 2026

The median rent in Silverdale is $2,093/mo as of October 2026. A studio apartment averages $1,650/mo while a 2-bedroom runs $2,410/mo. One-bedroom apartments average $1,840/mo and 3-bedroom units go for $3,150/mo.

At 24% of local median household income ($105,483/yr), Silverdale ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Silverdale?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (about $40/hour full-time) to afford the median rent of $2,093/mo in Silverdale. The local median household income is $105,483/yr, so the typical household meets that bar.

Is rent going up or down in Silverdale?

Rent in Silverdale has risen 3.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2021.

When is the cheapest time to rent in Silverdale?

Asking rents in Silverdale are usually lowest in January, about 2.3% below their yearly trend, and highest in July, about 2.1% above it. At today's median that is a gap of roughly $92 a month. This pattern comes from 5 years of Zillow rent data.

How does Silverdale rent compare to other cities in Washington?

Silverdale is in the middle among Washington cities for rent, ranking #50 of 109 tracked cities at $2,093/mo. Over the year to September 2026, rent in Silverdale changed +3.9%, against a typical +2.6% across the 97 Washington cities Zillow tracks.

Which nearby cities are cheaper to rent in than Silverdale?

Nearby cities with lower median rent than Silverdale ($2,093/mo) include Bremerton ($1,879/mo), and Port Orchard ($2,006/mo).
Income Affordability
24%
VERY AFFORDABLE

At $2,093/mo, rent takes ~24% of Silverdale's median household income ($105,483/yr). The standard benchmark is 30%.

Silverdale 24%Benchmark 30%
State income taxNone
Run the Silverdale affordability calculator →
Lowest-rent ZIP codes in Silverdale
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Silverdale, WA

Recent submissions

Be the first to submit your rent for Silverdale.

Recent discussions

No discussions yet.